Cost of Oil Production
- United Kingdom $52.50
- Brazil $48.80
- Canada $41.00
- USA $36.20
- Norway $36.10
- Angola $35.40
- Colombia $35.30
- Nigeria $31.60
- China $29.90
- Mexico $29.10
- Kazakhstan $27.80
- Libya $23.80
- Venezuela $23.50
- Algeria $23.50
- Russia $17.20
- Iran $12.60
- UAE $12.30
- Iraq $10.70
- Saudi Arabia $9.90
- Kuwait $8.50
Source: UCube by Rystad Energy; Interactive (Nov. 23, 2015)
Oil holds above $33 per barrel on hopes that OPEC could act: https://t.co/HM3CCHBP2h pic.twitter.com/nM39XLnz8r
— Reuters Business (@ReutersBiz) 15 Février 2016